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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?


To: Buzzy who wrote (174)2/17/1998 7:08:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 927
 
There is a story out that ORCL may merge with Cable & Wireless in Britain. This story will drive the stock the next few days regardless of current stochastics. I'm covering my current short position due to the uncertainty. ORCL could get bid up in a frenzy with more news from C&W. C&W shares already shot up in the UK on the rumor.

Sometimes news and FA really wrecks great TA :<).